Joe Salerno: Economics is Broken
What kind of revolution is needed to save economics as a profession?
The Fed
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FOMC, Not Surprisingly, Holds on Interest Rates Again
The Federal Open Market Committee (FOMC) decided yet again today to hold off on raising the target federal funds rate.
No, the Fed Doesn’t Have a Plan. Yes, the Fed Really is Monetizing Government Debt
A Wall Street crisis would become a Main Street crisis without quantitative easing, or so the story began in Nov. 2008. Have you seen a recovery?
The Week in Review: September 17, 2016
There is just no relief from the constant drum beat for more and more government intervention in the economy.
The Fed Plans for the Next Crisis
The Fed is busy coming up with new ways to "stimulate" and manipulate the economy.
Money-Supply Growth Hits 36-Month High
Money supply growth reached a three-year high in July.
Review of America’s Bank: The Epic Struggle to Create the Federal Reserve by Roger Lowenstein
Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) “The problem with economic historians,” Murray Rothbard once quipped, “is that half of them are historians who don’t know any economics and the other half are economists who don’t...
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Review of America’s Bank: The Epic Struggle to Create the Federal Reserve by Roger Lowenstein
America’s Bank is a mixed bag. Lowenstein ignores history and tells the narrative from a central bank bias when there were rival reforms at play.
The Fed vs. Savings
The Federal Reserve and in particular fiat money ruins the incentive to save for a better future.
The Definition of Various Monetary Aggregates
One of the most important concepts in economic theory is the quantity of money. But how do you count it?
